Hazlitt: “The experience prevented me in later life from ever embracing the widespread popular assumption that owners, employers, “capitalists,” invariably made money from their investments and could always afford to pay higher wages than they actually did.” My Life and Conclusions | Foundation for Economic Education

The experience prevented me in later life from ever embracing the widespread popular assumption that owners, employers, “capitalists,” invariably made money from their investments and could always afford to pay higher wages than they actually did.

Source: My Life and Conclusions | Foundation for Economic Education

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